MT Educare Limited has informed the share market (BSE/NSE) that the shares of its recent Initial Public Offering (IPO) will list on 12th April 2012. The IPO was open on 27th March 2012 and the shares were available for subscription up to 29th March 2012. The price band was Rs 74 to Rs 80 and the Issue Price was fixed at the upper level of the price band, Rs 80 per equity share. The company had entered into primary market with an Initial Public Offering (IPO) of Rs 35.00 Crore. MT Educare Limited is a coaching providing company stablished by Mr Mahesh R. Shetty and having presense in almost all over India. They help students to build their academic records in the level of secondary and higher secondary level. They also help students pursuing graduation degree in commerce, preparing for various competitive examinations and undertaking chartered accountancy examinations.
MT Educare IPO listing Detail :-
Listing Date: 12th April 2012
BSE Scrip Code : 534312
NSE Symbol : MTEDUCARE
Listing In : ‘B’ Group of Securities
ISIN : INE472M01018
Issue Price : Rs. 80.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share
The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Sole Book running lead manager (BRLM) to the issue are Enam Securities Private Limited.
Registrar of the Issue : Link Intime India Private Limited Mumbai.
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